The International Monetary Fund (IMF) has revealed that the repayment of loans under the Anchor Borrowers’ Programme (ABP) of the Central Bank of Nigeria (CBN) is...
Nigerian oil companies flared 224.9 billion standard cubic feet (SCF) volume of gas worth $787.2 million or N362.9 billion in the 12 months of 2022. This...
Nigeria’s stock investors in February saw the value of their investment increase by N1.403 trillion despite the concerns around the elections. Data obtained from the Nigerian...
Investors in the Nigerian capital market pocketed N260.30 billion following the 0.86 percent rise in equity capitalization at the close of trading on Tuesday. Consequently, the...
The Chief Executive Officer of Lafarge Africa, Khaled El Dokani, said the company’s capital was affected by the worsening exchange rate in 2022, a corporate document...
Elon Musk has regained his position as the richest person in the world after making a whopping $6.98 billion in eight hours of trading. He lost...
Investors retained their confidence in the Nigerian capital market with demands for equity stocks raising the market capitalization by 0.69 percent at the close of trading...
The shareholders of Nigerian Breweries will earn N13.8 billion from dividends for the 2022 period due to their equity investments in the brewery company. In its...
Dangote Cement, owned by billionaire, Aliko Dangote, has reported that its revenue for the year ended 2022 rose by 16.96 per cent year-on-year, while its net...
Stocks to watch this week include Geregu, Zenith Bank, and Courtville. The companies made the list for different reasons that could impact shareholders’ investments. Ripples Nigeria...
What comes to mind when you need to ship a package overseas? Custom officers, legal papers, ridiculous fees, restrictions, delays, and more fees? We thought so...
The Real Estate Industry has been revolutionized by the integration of technology in the past decade. With the rise of the digital era, the way real...
The key to unlocking the full potential of Africa’s economies is to increase access to credit, according to Flutterwave CEO and founder Olugbenga “GB” Agboola. As...
The Central Bank of Nigeria (CBN) has revised the requirements for the tenure of executive management and non-executive directors of Deposit Money Banks (DMBs) and Financial...
The National Council on Privatisation (NCP) has approved the takeover of the NITEL/MTEL property located in Moloney Street, Tafawa Balewa Square, Onikan, Lagos, by the state...
Investors in the Nigerian capital market went home with N164.9 billion following the 0.55 percent growth in equity capitalization on the eve of the country’s presidential...
The National Bureau of Statistics (NBS) said on Friday the average retail price for refilling cylinders of Liquefied Petroleum Gas (LPG) known as cooking gas further...
The National Bureau of Statistics (NBS) said on Friday that Nigeria’s Gross Domestic Product (GDP) rose by 3.52 percent in the fourth quarter of last year....
The equity market in the United States didn’t respond well to Netflix’s strategy to grow its declining subscriber base on Thursday, as the firm’s stock plummeted....
Zenith Bank has disclosed that the company is sorting outstanding issues which will delay the release of its 2022 Audited Annual Financial Statements. On Friday, Ripples...
The founder of Geregu Power Plc, Femi Otedola, saw his investment value in Geregu rise by 13.83 per cent after selling five per cent of Geregu...
Ecobank Plc and four other banks have announced adjustments in the operation hours ahead of the general elections. In separate emails to their customers, the banks...
The equity capitalization in the Nigerian capital market rose by 0.60 percent at the close of trading on Thursday. This represented N180.2 billion growth in the...
Courtville Business Solutions Plc has received approval from the Securities and Exchange Commission (SEC) to delist from the Nigerian Exchange Limited (NGX). In a document obtained...
In a rare move, foreign investors bought more Nigerian companies’ stocks than they sold, marking the first net inflow of foreign funds into the market since...
For a fee of $70,000,251 per year, the Federal Government has concession the 700 megawatts Zungeru Hydroelectric Power Plant. The Head, Public Communications, Bureau of Public...
The Nigerian Exchange Limited (NGX) closed with N29.58 trillion market capitalization on Wednesday. The figure was N68.76 billion or 0.23 percent higher than the N29.51 trillion...
Prior to the Naira redesign policy of the Central Bank of Nigeria (CBN), the area of Alagbole, Ogun State, was saturated with Point of Sale (PoS)...
The Central Bank of Nigeria (CBN) has reported that the federal government’s fiscal deficit has increased to N746.30 billion in November 2022. This is 40.6 percent...
The Nigerian capital market closed trading on Tuesday with a N19.08 billion loss. This followed the dip in equity capitalization by -0.06 percent from N29.53 trillion...
The International Monetary Fund (IMF) has queried the procedure used by the National Bureau of Statistics (NBS) to collate the monthly consumer price index (CPI). IMF...
Amid the scarcity of Naira notes, Nigerians seem to be dumping the country’s currency for Dollar as the country’s external reserves went down by –1.97 per...
The National Bureau of Statistics (NBS) has revealed that the South-East region of the country recorded the highest average retail price for Premium Motor Spirit (PMS)...
The equity capitalization in the Nigerian capital market rose by one percent at the close of trading on Monday. This indicated a N228.7 billion rise in...
A Nigerian Fintech industry player, Stellas Digital Bank, is marking its first year anniversary with a pledge to stay ahead of the curve as it deploys...
Billionaire and founder of Microstrategy, Micheal Saylor, had said cryptocurrency, Bitcoin (BTC) is now competing against a traditional asset, Gold. There has always been an argument...
This week’s stocks to watch list consist of Airtel Africa, Julius Berger and Fidelity Bank, as the stock market resumes its weekly activities. Ripples Nigeria stocks...
The Nigerian National Petroleum Company (NNPC) Limited has reopened the Satellites depots for operation. Oil marketers have been complaining that were being ripped off by private...
Nigerian Upstream Regulatory Commission (NUPRC) has blamed measurement inaccuracies as being responsible for around 40% of crude losses in the Nigerian petroleum industry, rather than theft...
Property protection is a major important part of buying a property. If you don’t consider it, then, that’s a big problem. Apart from the part property...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Nigerian banks lost their appeal as lucrative investment destinations in the capital market this week following the Central Bank of Nigeria’s (CBN) mishandling of the naira...
Hearing of the petition filed by Oando’s minority shareholders led by Venus Construction Company Limited has been delayed following the judge’s absence. The petition was brought...
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Government of the Republic of The Gambia to explore and develop...
Shareholders in the Nigerian capital market lost N386.2 billion in investment following the dip in equity capitalization by -1.30 percent on Friday. After five hours of...
The Nigerian National Petroleum Company Limited (NNPCL) said on Friday that Nigeria’s oil production has risen to 1.6 million barrels per day, its highest in months....
Jumia has sacked 900 workers to save cost, resulting in a 20 per cent reduction in workforce, Ripples Nigeria gathered from the firm’s 2022 Fourth Quarter...
The Central bank of Nigeria (CBN) has order commercial banks in the country to start accepting old naira notes. It, however, pegged the maximum amount the...
Alexander Adeyemi has quit his board director role at Transcorp Hotels Plc, five years after he was appointed as a Non-Executive Director. Due to undisclosed reasons,...
The president of the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), Oluwole Olusoji, on Thursday, pegged at N5 billion losses suffered by...
